Marjane Strapi 🍆 🥺 on Nostr: 3) Households run household budgets (they don't). In fact the people pushing ...

3) Households run household budgets (they don't). In fact the people pushing "household budget" economics make it explicitly clear that real households will be picking up the burden of governments, training the next generation, making long term investments in housing, seeding new businesses, creating intergenerational indebtedness. This is as clear cut an example of a fallacy as I can imagine.

4) Households (real households) can run out of resources (they can't).

Households cannot have enough money to influence inflation in a manner claimed by the proponents of "household budget" "economics". Households are cash- not resource-limited. The opposite to governments.

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